Finance Controller

Independence-Association; Brunswick (ME); On-site; USD 75,000 - 85,000; Full time

Job summary

Independence Association in Brunswick, Maine, is seeking a Finance Controller to join our administrative team. The role oversees all financial activities, including budget prep, accounts receivable/payable, general ledger, treasury management, and regulatory reporting.

The ideal candidate has a bachelor’s degree in business, accounting, or finance with at least five years of accounting experience, preferably in nonprofit settings, and strong GAAP knowledge.

Qualifications

• Bachelor's degree in business, accounting, or finance required (MBA, CPA, or CMA preferred).
• Five years or more accounting experience preferably with a non-profit organization.
• Experience using Windows operating system and Microsoft Office or comparable software.
• Experience with regulations regarding DOL, OLSHA, Workers' Compensation, GAAP.

Responsibilities

• Develops, analyzes, and interprets statistical accounting information to appraise operating results in terms of sustainability, performance against budget, and other matters bearing on the fiscal soundness and operating effectiveness of the organization.
• Supports and evaluates the performance of assigned staff in the functioning of all accounting and finance related missions.
• Supervises the agency's system of accounts ensuring bookkeeping and records on all company transactions and assets are maintained in accordance with GAAP regulations.
• Coordinates the preparation of the agency budget and financial forecasts. Initiates and maintains other planning and control procedures and analyzes and reports variances.
• Complies with all federal, state, and local financial regulations pertaining to the business of the association. This includes facilitating several audit processes and preparation of the 990s.
• Complies with all federal, state, and local financial regulations pertaining to the business of the association.
• Oversees all internal reports to include the monthly closing process, monthly financial reports, forecasting instruments for use by the Finance Committee and Executive Director.
• Manages cash and investments and monitors invested fund performances as directed by the Executive Director and/or Board of Directors.
• Ensures maximum third-party reimbursement through efficient billing and collections operations, effective accounts receivable management, and a thorough understanding of cost reimbursement principles with a primary focus on MaineCare.
• Protects the assets of the organization through effective internal controls, internal auditing, insurance coverage, and direct supervision of financial operations.
• Applies depreciation rates to capitalized items and advises Executive Director on desirable operational adjustments due to regulatory revisions.
• Develops annual HUD budget, monitors actual vs budgeted expenses, and allocates appropriate expenses toward programs.
• Oversees grant management and restricted donor funds and ensures appropriate usage.

Skills

Accounting

Non-profit experience

GAAP

Budgeting

Staff management

Communication

Education

Bachelor's degree

Tools

Windows

Microsoft Office

Job description

Description

Independence Association is looking for a Finance Controller to join our administrative team.

At Independence Association, our mission is to support adults and children with disabilities to achieve full and inclusive lives in their chosen communities. We offer housing, in-home assistance, arts programs, and much more to the people we support.

Come join us and discover a team that is friendly, supportive, and committed to each other and our agency's mission. The average stay for our staff is over 7 years!

Job Summary

The Finance Controller works under the supervision of the Executive Director and manages all financial activities within the agency. This includes but is not limited to: budget preparation; accounts receivable; accounts payable; general ledger management; treasury management; workers' compensation insurance; audit and cost reporting; compliance with all state and federal regulations including HUD regulations and reporting; and Finance Executive Committee/Board of Directors reporting.

The ideal candidate has:

• Sound knowledge of accounting, facility management, and insurance.
• Good writing skills.
• The ability to handle multiple tasks, keep oneself organized, think strategically, and set priorities effectively.
• Sound judgment.
• Excellent interpersonal skills and an ability to work in a team environment.
• Good customer service skills.
• Experience with managing people and resources.

Pay: $75,000 to $85,000/year

Duties and Responsibilities:

• Develops, analyzes, and interprets statistical accounting information to appraise operating results in terms of sustainability, performance against budget, and other matters bearing on the fiscal soundness and operating effectiveness of the organization.
• Supports and evaluates the performance of assigned staff in the functioning of all accounting and finance related missions.
• Supervises the agency's system of accounts ensuring bookkeeping and records on all company transactions and assets are maintained in accordance with GAAP regulations.
• Coordinates the preparation of the agency budget and financial forecasts. Initiates and maintains other planning and control procedures and analyzes and reports variances.
• Complies with all federal, state, and local financial regulations pertaining to the business of the association. This includes facilitating several audit processes and preparation of the 990s.
• Complies with all federal, state, and local financial regulations pertaining to the business of the association.
• Oversees all internal reports to include the monthly closing process, monthly financial reports, forecasting instruments for use by the Finance Committee and Executive Director.
• Manages cash and investments and monitors invested fund performances as directed by the Executive Director and/or Board of Directors.
• Ensures maximum third-party reimbursement through efficient billing and collections operations, effective accounts receivable management, and a thorough understanding of cost reimbursement principles with a primary focus on MaineCare.
• Protects the assets of the organization through effective internal controls, internal auditing, insurance coverage, and direct supervision of financial operations.
• Applies depreciation rates to capitalized items and advises Executive Director on desirable operational adjustments due to regulatory revisions.
• Develops annual HUD budget, monitors actual vs budgeted expenses, and allocates appropriate expenses toward programs.
• Oversees grant management and restricted donor funds and ensures appropriate usage.

Required Experience, Skills, and Abilities:

• Bachelor's degree in business, accounting, or finance required (MBA, CPA, or CMA preferred).
• Five years or more accounting experience preferably with a non-profit organization.
• Experience using Windows operating system and Microsoft Office or comparable software.
• Experience with regulations regarding DOL, OLSHA, Workers' Compensation, GAAP.

Physical Requirements:

• Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.